<SEC-DOCUMENT>0001140361-23-042808.txt : 20230906
<SEC-HEADER>0001140361-23-042808.hdr.sgml : 20230906
<ACCEPTANCE-DATETIME>20230906060106
ACCESSION NUMBER:		0001140361-23-042808
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230906
FILED AS OF DATE:		20230906
DATE AS OF CHANGE:		20230906

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IPERIONX Ltd
		CENTRAL INDEX KEY:			0001898601
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C3
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41338
		FILM NUMBER:		231237756

	BUSINESS ADDRESS:	
		STREET 1:		129 W TRADE STREET
		STREET 2:		SUITE 1405
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202
		BUSINESS PHONE:		7045783217

	MAIL ADDRESS:	
		STREET 1:		129 W TRADE STREET
		STREET 2:		SUITE 1405
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Hyperion Metals Ltd
		DATE OF NAME CHANGE:	20211210
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>brhc20058528_6k.htm
<DESCRIPTION>6-K
<TEXT>
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    <div>
      <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM 6-K</div>
      <div style="font-weight: 400;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</div>
      <div style="text-align: center; font-weight: bold;">Pursuant to Rule 13a-16 or 15d-16 of the</div>
      <div style="text-align: center; font-weight: bold;">Securities Exchange Act of 1934</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">Date: September 6, 2023</div>
      <div style="text-align: center; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">Commission File Number:</font><font style="font-size: 10pt;">&#160;<font style="font-weight: bold;">001-41338</font></font></div>
      <div style="text-align: center; font-size: 12pt;"><font style="font-size: 10pt;"><font style="font-weight: bold;"> <br>
          </font></font></div>
      <div style="text-align: center; font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; font-size: 24pt; font-weight: bold;">IperionX Limited</div>
      <div style="text-align: center; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; font-weight: bold;">129 W Trade Street, Suite 1405</div>
      <div style="text-align: center; font-weight: bold;">Charlotte, North Carolina</div>
      <div style="text-align: center; font-weight: bold;">(Address of principal executive offices)</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">
        <hr noshade="noshade" align="center" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <div style="text-indent: 36pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
      <div><br>
      </div>
      <div style="text-indent: 108pt; font-size: 14pt;"><font style="font-size: 10pt;">Form 20-F &#9746;&#160; &#160; Form 40-F &#9744;</font></div>
      <div><br>
      </div>
      <div>
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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      </div>
      <div style="text-align: center; font-weight: bold;">EXHIBIT INDEX</div>
      <div>The following exhibits are filed as part of this Form 6-K:</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="zad227b3709514d9389374ed6b51d7af3" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <td style="width: 8%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">Exhibit</div>
            </td>
            <td style="width: 2%; vertical-align: bottom;">&#160;</td>
            <td style="width: 90%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div>Description</div>
            </td>
          </tr>
          <tr>
            <td style="width: 8%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 8%; vertical-align: top;">
              <div><a href="brhc20058528_ex99-1.htm">99.1</a></div>
            </td>
            <td style="width: 2%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">
              <div>Press Release</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
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      </div>
      <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
      <div style="text-align: center;"> <br>
        </div>
      <div>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
        thereunto duly authorized.</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z7247392412874665a5b77f6bef41a42d" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">
              <div>IPERIONX LIMITED</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">
              <div>(registrant)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom; padding-bottom: 2px;">
              <div>Date: September 6, 2023</div>
            </td>
            <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">
              <div>By:<br>
                </div>
            </td>
            <td style="width: 47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">/s/ Gregory Swan<br>
              </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">
              <div>Name: Gregory Swan</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
            <td style="vertical-align: bottom;" colspan="2">
              <div>Title:&#160;&#160; Chief Financial Officer</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc20058528_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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      <div style="text-align: right; font-weight: bold;">Exhibit 99.1</div>
      <div>&#160;</div>
      <div>
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                <div style="text-align: right; font-size: 8pt;"><font style="font-size: 10pt; font-weight: bold;">PRESS RELEASE</font><font style="font-size: 10pt;"> | NASDAQ: IPX | ASX: IPX</font></div>
              </td>
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              <td rowspan="1" style="width: 50%;">&#160;</td>
              <td rowspan="1" style="width: 50%;">
                <div style="text-align: right; font-style: italic;">September 6, 2023</div>
              </td>
            </tr>

        </table>
      </div>
      <div>&#160;</div>
      <div style="text-align: center; font-style: normal; font-weight: bold;">IPERIONX AND HEROUX-DEVTEK PARTNER FOR AEROSPACE TITANIUM RECYCLING</div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-weight: bold; font-style: italic;"><font style="font-style: normal;">IperionX Limited (&#8220;IperionX&#8221;) (NASDAQ: IPX, ASX: IPX) and Heroux-Devtek (TSE: HRX)</font> </font>have signed an agreement to
        underpin a 100% recycled titanium supply chain using scrap titanium metal from the aerospace industry.<br>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">Heroux-Devtek specializes in the design, development, manufacture, and repair of landing gear, actuation systems and components for the global aerospace market. It serves both the commercial and defense aerospace
        sectors and is the third largest landing gear company in the world.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">Under this partnership, Heroux-Devtek will supply IperionX with Ti-6Al-4V alloy scrap metal generated from landing gear manufacturing.&#160; In turn, IperionX will employ its patented titanium processing technologies to
        convert this titanium scrap into low-carbon titanium for future applications.&#160; The processing of the Heroux-Devtek titanium scrap will be expertly managed by Aperam / ELG Utica Alloys, under their existing partnership with IperionX.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">The aerospace industry depends on titanium, given its superior strength, light weight, and exceptional corrosion resistance. Titanium is integral to a myriad of aerospace applications, including airframe structural
        components, engine components and landing gears.&#160; The proportion of titanium used in large commercial aircraft has significantly increased over the last two decades and is now ~15% of the weight of modern unladed aircraft<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">Titanium has been mass produced in the same way since the 1940&#8217;s when the existing &#8216;Kroll Process&#8217; was developed. The Kroll process is energy intensive, high cost and produces high levels of greenhouse gas
        emissions.&#160; In addition, the current manufacturing process for titanium products generates large volumes of titanium waste that is typically downcycled to the ferro-titanium market or shipped to landfill.</div>
      <div>&#160;</div>
      <div style="text-align: justify;">IperionX&#8217;s patented titanium production technologies use less energy to produce titanium, at lower costs, with zero Scope 1 and 2 emissions, and provides a pathway to sustainable production of titanium by using 100%
        scrap titanium as feedstock. </div>
      <div>&#160;</div>
      <div style="text-align: justify;">Notably, aerospace industry landing gears also use other high performance titanium alloys, including Ti-5553 and Ti-10-2-3, that are valued for improved fracture toughness and strength. IperionX's technologies can
        upcycle these titanium alloys, eliminating the need for a re-melt process, and allow these alloys to be used in a range of new high-performance applications.</div>
      <div>&#160;</div>
      <div style="text-align: justify; font-weight: bold;">Dominique Dallaire, Heroux-Devtek Vice-President Central Division said: </div>
      <div>&#160;</div>
      <div style="text-align: justify;">&#8220;The partnership between Heroux-Devtek and IperionX establishes a new benchmark in the sustainability of the aerospace supply chain through the development of low carbon titanium materials for North American markets.
        We look forward to building upon this agreement and investigating the potential application of fully circular recycled titanium metal within Heroux-Devtek&#8217;s future operations.&#8221;</div>
      <div>&#160;</div>
      <div style="text-align: justify; font-weight: bold;">Anastasios (Taso) Arima, IperionX CEO said: </div>
      <div>&#160;</div>
      <div style="text-align: justify; font-style: normal; font-weight: normal;">&#8220;We are pleased to partner with Heroux-Devtek to develop a sustainable, circular titanium supply chain for the advanced U.S. industries. This partnership with Heroux-Devtek
        provides IperionX with a diversified, long term supply of titanium feedstock for the production of American titanium and will enhance the sustainability of the aerospace supply chain.&#8221;</div>
      <div style="font-style: normal; font-weight: normal;"><br>
      </div>
      <div style="text-align: justify; font-style: normal; font-weight: normal;">This announcement has been authorized for release by the CEO and Managing Director. </div>
      <div style="font-style: normal; font-weight: normal;">&#160;</div>
      <div style="text-align: justify; font-style: normal; font-weight: normal;">For further information and enquiries please contact:</div>
      <div style="font-style: normal;">&#160;</div>
      <div style="text-align: justify; font-style: normal; font-weight: bold;">info@iperionx.com&#160;<br>
        +1 704 461 8000</div>
      <div>&#160;</div>
      <div>
        <hr noshade="noshade" align="left" style="height: 2px; width: 15%; color: #000000; background-color: #000000; margin-left: 0px; margin-right: auto; border: none;"></div>
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              <td style="text-align: right; vertical-align: top; width: 9pt;">
                <div style="text-align: justify;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
              </td>
              <td style="text-align: left; vertical-align: top; width: auto;">
                <div style="text-align: justify;">https://www.researchgate.net/publication/230251737_Titanium_and_Its_Alloys_Metallurgy_Heat_Treatment_and_Alloy_Characteristics</div>
              </td>
            </tr>

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      </div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zde5a74e0b3fd4e5c8a2c96a7d4015123">

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              <td style="width: 24.61%; vertical-align: middle;">
                <div style="text-align: justify; font-weight: bold;">North Carolina</div>
              </td>
              <td style="width: 23.56%; vertical-align: middle;">
                <div style="text-align: justify; font-weight: bold;">Tennessee</div>
              </td>
              <td style="width: 23.12%; vertical-align: middle;">
                <div style="text-align: justify; font-weight: bold;">Virginia</div>
              </td>
              <td style="width: 26%; vertical-align: middle;">
                <div style="text-align: justify; font-weight: bold;">Utah</div>
              </td>
              <td colspan="1" style="vertical-align: top; width: 2%;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 24.61%; vertical-align: middle;">
                <div style="text-align: justify;">129 W Trade Street, Suite 1405 </div>
                <div style="text-align: justify;">Charlotte, NC 28202</div>
              </td>
              <td style="width: 23.56%; vertical-align: middle;">
                <div style="text-align: justify; text-indent: -180pt; margin-left: 180pt;">279 West Main Street</div>
                <div style="text-align: justify; text-indent: -180pt; margin-left: 180pt;">Camden, TN 38320</div>
              </td>
              <td style="width: 23.12%; vertical-align: middle;">
                <div style="text-align: justify; text-indent: -180pt; margin-left: 180pt;">1080 Confroy Drive </div>
                <div style="text-align: justify; text-indent: -180pt; margin-left: 180pt;">South Boston, VA 24592</div>
              </td>
              <td style="vertical-align: middle; width: 26%;">
                <div style="text-align: justify;">1782 W 2300 S</div>
                <div style="text-align: justify;">West Valley City, UT 84119</div>
              </td>
              <td colspan="1" style="vertical-align: middle; width: 2%;">&#160;1</td>
            </tr>

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        <div><br>
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      <div style="text-align: justify; font-style: normal; font-weight: bold;">Appendix I: Key terms of the agreement</div>
      <div>&#160;</div>
      <div style="text-align: justify;">Heroux-Devtek has agreed to supply IperionX with an initial 5 metric tons of titanium scrap metal (&#8220;Initial Supply&#8221;) with the intention to negotiate a long-term titanium scrap supply (&#8220;Long Term Supply&#8221;) for more
        than 15 metric tons per year.</div>
      <div>&#160;</div>
      <div style="text-align: justify; font-weight: bold;">About Heroux-Devtek</div>
      <div>&#160;</div>
      <div style="text-align: justify;">Heroux-Devtek Inc. is an international company specializing in the design, development, manufacture, and repair and overhaul of landing gear, actuation systems and components for the Aerospace market. The Corporation
        is the third largest landing gear company worldwide, supplying both the commercial and defense sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. The Corporation also
        manufactures hydraulic systems, fluid filtration systems and electronic enclosures.</div>
      <div>&#160;</div>
      <div style="text-align: justify; font-weight: bold;">About IperionX </div>
      <div>&#160;</div>
      <div style="text-align: justify;">IperionX aims to become a leading American titanium metal and critical materials company &#8211; using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at
        lower energy, cost and carbon emissions. </div>
      <div>&#160;</div>
      <div style="text-align: justify;">Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in the U.S.A. </div>
      <div>&#160;</div>
      <div style="text-align: justify;">IperionX&#8217;s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, electric vehicles and additive manufacturing. </div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z7e534f5fe439461cb39f2f32b2a040b0">

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            <td style="width: 100%; vertical-align: top; background-color: rgb(217, 217, 217); border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0); padding-left: 4px; padding-right: 4px;">
              <div style="text-align: justify; font-style: italic; font-weight: bold;">Forward Looking Statements</div>
              <div>
                <div>&#160;</div>
                <div style="text-align: justify; font-style: italic;">Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward-looking
                  words such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;expect&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;estimate&#8221;, &#8220;anticipate&#8221;, &#8220;continue&#8221;, and &#8220;guidance&#8221;, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of
                  management, anticipated production or construction commencement dates and expected costs or production outputs. </div>
                <div style="text-align: justify; font-style: italic;"> <br>
                </div>
                <div style="text-align: justify; font-style: italic;">Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company&#8217;s actual results, performance, and achievements to
                  differ materially from any future results, performance, or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and
                  demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, the Company&#8217;s ability to comply
                  with the relevant contractual terms to access the technologies, commercially scale its closed-loop titanium production processes, or protect its intellectual property rights, political and social risks, changes to the regulatory framework
                  within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.</div>
                <div style="text-align: justify; font-style: italic;"> <br>
                </div>
                <div style="text-align: justify; font-style: italic;">Forward looking statements are based on the Company and its management&#8217;s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will
                  exist and affect the Company&#8217;s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company&#8217;s business or
                  operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company&#8217;s control.</div>
                <div>&#160;</div>
              </div>
              <div style="text-align: justify; font-style: italic; font-weight: normal;">Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in
                forward looking statements, there may be other factors that could cause actual results, performance, achievements, or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company.
                Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any
                relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or
                circumstances on which any such statement is based.</div>
            </td>
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